Matthews, NC Real Estate News

By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Matthews, NC (28105 Zip Code) Housing Market Update:July 2019Matthews (28105 zip code) real estate report/snapshot for July 2019. Matthews remained a seller’s market in July 2019 with the months supply of inventory remaining low at 2.3 months. (A balanced market would have 4 to 6 months of inventory.)Inventory was up slightly by 2.3%. However, new listings increased 13.2% in July, no doubt contributing to the increases we saw in closed and pending sales and reversing the trend of the prior month of June when both closed and pending sales were down year-over-year. Average sale prices of homes increased (5.7%) year-over-year. Median sale prices also increased 4.3% compared with  July 2018. Although, days on market increased in July 2019, homes are still selling quickly — in 23 days on av...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Matthews, NC Housing Market Update: June 2019Matthews housing report for June 2019. Matthews remained a seller’s market in June 2019 with the months supply of inventory at 2.1 months. Inventory was flat, but new listings were down in almost 10% in June. Lack of new listings and tight inventory contributed to decreases in closed and pending sales. Average sale prices of homes increased significantly (9.7%) year-over-year, as well as month-over-month. Median prices also increased 7.4% versus June 2018 and by approximately $30,000 month-over-month. Although, days on market increased in June 2019, homes are still selling quickly — in under 30 days on average and with median days on market at 12 days. With homes selling at 98.5% of asking price, buyers have minimal to negotiate. MORE INFORM...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 How Hot Is Your Matthews Neighborhood?Is your Matthews neighborhood in Union County a "hot 'hood?" Check out the list below of 23 Matthews neighborhoods in the 28104 zip code for 12-month sales trends as of June 2019. This list provides information on how many home sold in each of these 23 neigborhoods in the past year, how many are currently on market, how many months of inventory in each neighborhood, the average sold price, and the average discount to asking price.   WONDERING WHAT YOUR MATTHEWS/28104 ZIP CODE AREA HOME IS WORTH?  SEARCH ALL MATTHEWS AREA/28104 ZIP CODE HOMES FOR SALE SEARCH ALL UNION COUNTY HOMES FOR SALE  We've been opening doors for Matthews and Union County home buyers and sellers for 20+ years. If you're considering selling or purchasing a home in the 28104 zip...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Matthews, NC Housing Market Update: May 2019Matthews housing report for May 2019. Matthews remained a seller’s market in May 2019 with the months supply of inventory at 2.2 months. Inventory was up slightly, but new listings were down in May. Average sale prices of homes were flat compared with one year ago, but median prices were up 6.2%. Matthews saw a significant drop in days on market in May… homes are selling in 20 days on average and median days on market are less than one week at 6. With homes selling at 99% of asking price, buyers have virtually no room to negotiate. MORE INFORMATION + VIDEO ON THE MATTHEWS HOUSING MARKET'S PERFORMANCE IN MAY 2019     It continues to be a seller's market in Matthews and the 28105 zip code and a very competitive environment for affordable homes ...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Matthews, NC Housing Market Update: April 2019Home prices in Matthews, NC continued to increase in April 2019 with average home sale prices up 14.9% compared with April 2018. Both average and median home prices were up in April despite an increase in the days on market. Closed sales increased almost 45%, no doubt as a result of an increase of 45.8% in pending sales in March. New listings were down in April 2019.. Virtually no negotiating room for buyers on Matthews homes with sellers receiving 98.8% of asking price. MORE INFORMATION + VIDEO ON THE MATTHEWS HOUSING MARKET'S PERFORMANCE IN APRIL 2019    It continues to be a seller's market in Matthews and the 28105 zip code and a very competitive environment for affordable homes for home buyers in Matthews, North Carolina.    CHECK OUT 5...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Beach Fest Matthews 2019 The town of Matthews, North Carolina invites you to come and "put your toes in the sand" this Friday and Saturday at its 11th annual Beach Fest. At Beach Fest Matthews, You'll get to experience the summer holiday vibe of the Carolina coast with great beach music, shag dancing, carnival rides, "boardwalk" style  food, kids inflatable area, art & crafts, and more. What a great way to usher in the summer beach season without leaving town!  Friday, May 10th 6:00pm - 10:00pmSaturday, May 11th 10:00am - 10:00pmBeachFest Matthews takes place in and around Stumptown Park, which is located at 120 S.Trade Street Matthews NC 28105No pets are allowed at Beach Fest Matthews per Town Ordinance.Friday Night: Get a $10 wristband for All-You-Can-Ride Night in the Carnival!! Fes...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Matthews, NC Housing Market Update: March 2019Home prices in Matthews, NC continued to increase in March 2019 with average home sale prices up 14.5% compared with March 2018. Homes were selling faster with average and median days on market decreasing compared with one year ago. February’s increase in new listings no doubt contributed to an increase of 45.8% in pending sales. New listings and inventory were down in March 2019. Virtually no negotiating room for buyers on Matthews homes with sellers receiving 99.4% of asking price. MORE INFORMATION + VIDEO ON THE MATTHEWS HOUSING MARKET'S PERFORMANCE IN MARCH 2019    It continues to be a seller's market in Matthews and the 28105 zip code and a very competitive environment for affordable homes for home buyers in Matthews, North Carolina.  ...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310)
SOLD in Ashley FarmsMatthews, NC - This home literally sold in HOURS... and we had back-up buyers as well! We even had a bidding war on the back-up Offers!  Our sellers took our advice and took the time for proper packing and prepping their home for the market. The sellers had lived in the home for 17 years and had children and had accumulated quite a bit of 'stuff,' needing to be sorted and re-staged. One of my agents, who also owns a staging company, spent 3 days with the sellers, decluttering and staging the home. In the end, the home looked amazing and that was evidenced by the many Offers we received on Day-1 on the market. With a 30-day Close, the sellers were enjoying their newfound minimalistic habits, having a lot less 'stuff' to pack-up and move to their larger new home.  The ...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Matthews, NC Housing Market Update: February 2019February home sales increased significantly in Matthews in February 2019 with double digit increases in both pending (+26.2%) and closed sales (+24.3%) compared with one year ago. A huge increase in new listings of 54.2% increasing inventory by 10.1% no doubt contributed to the increases in pending and closed sales. Despite the increase in new listings over the past two months and higher inventory, the months supply of homes was still low in Matthews in February at 2.1 months, keeping the 28105 zip code very much a seller’s market. MORE INFORMATION + VIDEO ON THE MATTHEWS HOUSING MARKET'S PERFORMANCE IN FEBRUARY 2019     It continues to be a seller's market in Matthews and the 28105 zip code and a very competitive environment for afforda...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Matthews, North Carolina Ranked One Of America's 100 Best Small Cities To Live In Matthews, North Carolina has been ranked in the top 100 Best Small Cities In America by WalletHub. WalletHub compared 1,200+ American cities with populations between 25,000 and 100,000, based on 40 key indicators of livability. The indicators of livability ranged from housing costs to home ownership rates to the quality of schools to population and income growth, to commuting time, and more.  WHAT MAKES MATTHEWS, NC A SPECIAL PLACE TO LIVE?  Before being recognized as one of Americans best 100 small cities to live in, Matthews had previously been named "the best town in North Carolina," "one of the 10 best cities in North Carolina," "a best North Carolina town for young families," and "one of the 50 safes...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Matthews, NC Housing Market Update: January 2019January home sales in Matthews, North Carolina saw continued, significant home sale prices increases compared with the same month one year ago. Market inventory remained tight despite a slight increase and the months supply of homes at 2 months indicated a continuing seller’s market. Closed sales were down, but pending sales, as well as new listings, were both up. Lack of affordable inventory can be considered a contributing factor for the drop in closed sales despite a large increase in new listings. MORE INFORMATION + VIDEO ON THE MATTHEWS HOUSING MARKET'S PERFORMANCE IN JANUARY 2019  It continues to be a seller's market in Matthews and the 28105 zip code and a very competitive environment for affordable homes for home buyers in Matthew...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 5 Hot Matthews, NC (28105 Zip Code) Neighborhoods To Watch In 2019 The story behind the hot neighborhoods in Matthews in 2018 is the relatively sharp increases in the average sale prices of homes. With one exception, these neighborhoods did not see very large increases in the number of homes sold in 2018 compared with 2017, but home prices did escalate. Matthews remains a reasonably affordable area for home buyers despite the 2018 price increases with three of these neighborhoods averaging sale prices under $300,000.    BRIGHTMOOR Brightmoor remains a "hot" selling neighborhood in Matthews with 26 home sales in 2018 (up one versus 2017). As with many neighborhoods in Matthews, Brightmoor's average sale price increased in 2018 to $290,511 from $258,914 the prior year.    SEARCH ALL BRIG...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Matthews, NC Housing Market Update/Video: December 2018Matthews Housing Market Update/Video for December 2018. December home sales in Matthews, North Carolina saw continued home sale prices increases. Market inventory remained tight and the months supply of homes at 1.9 months indicated a continuing seller’s market. Closed and pending sales, as well as new listings, were all down by double digits in December. Lack of affordable inventory can be considered a contributing factor for this situation, as well as the holiday season slowdown.    Average sale price of Matthews area homes increased by 4% to just under $322,000 as compared with the same period one year ago. This average sale price is also almost $45,000 higher in December than it was just last month in November. Median sale pric...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310)
A Wonderful Christmas Gift for Our Ashley Farms Sellers Under Contract in HOURS with Back-Up Buyers Too!Our sellers listened and decided to save their holiday shopping for this weekend and spend the last couple of weeks packing and prepping their home for the market. While out shopping and attending soccer games for the children, buyers flooded our sellers' home at 3206 Rheinwood CT in Ashley Farms. This lovely home hit the market yesterday morning and by bedtime, we had reviewed multiple Offers and a decision was made to accept one fantastic Offer, making the buyers' holiday even more special as well as our sellers'. We even had a bidding war on the back-up Offers!  So, if you're thinking of selling your home during the holidays, we can get the job done for you. Without the competition...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310)
JUST LISTED in Ashley Farms - RANCH HOMEWe know you're going to want to call this adorable ranch in a fantastic location HOME! Wonderful neighborhood, great cul-de-sac lot and fantastic neighbors! This one will not last long - and we're not just saying that! Newer roof (2012) and brand new HVAC system. This lovely ranch in Ashley Farms is move-in ready for loving new buyers. Want a tour? Give us a call or shoot us a text to (704) 491-3310...TODAY!  © Debe Maxwell | The Maxwell House Group | CharlotteBroker@icloud.com | JUST LISTED in Ashley Farms - RANCH HOME
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Matthews, NC Housing Market Update/Video: November 2018November 2018 home sales in Matthews, North Carolina (28105 zip code) saw continued home sale prices increases. Days on market were up even as market inventory remained tight and the months supply of homes at 2.1 months indicated a continuing seller's market. Closed and pending sales, as well as new listings, were all down by double digits in November. Lack of affordable inventory can be considered a contributing factor for this situation.     The average sale price of Matthews area homes increased by 3.8% to just under $297,000 as compared with the same period one year ago.  Median sale price for Matthews area homes in November also increased 9.1% versus one year ago to $272,500. Average days on market for property listings in Mat...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Matthews, NC Housing Market Update/Video: October 2018October 2018 home sales in Matthews, North Carolina (28105 zip code) saw home sale prices continuing to increase and average days on market staying flat, although median days on market were down by 6 days. Market inventory remains tight and was down 2.1% in October compared with the same period last year. Closed sales were down substantially in October, primarily attributable to lower inventory despite an increase in new listings during the month also attributable to higher home prices and interest rates.   Average sale price of Matthews homes increased  by 3.2% to just over $291,000 as compared with the same period one year ago. The median sale price of homes also increased by 3.9% versus October 2017. Average days on market for pr...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310)
UNDER CONTRACT! Weddington Ridge Home has a Lucky New BuyerSorry, Too Late! 2507 Hampton Glen Court - Weddington Ridge This lovely South Charlotte home has found its new owner! Our one-owner sellers hate to depart this beautiful home but, it's time and one very lucky family has the holidays in mind in their new home.  See why the sellers loved this home and we're sure the new owners will too! Take the YouTube Walk-Through Virtual Tour  This perfectly lovely home in the popular Weddington Ridge community is one that we are confident these lucky buyers are going to love!  If you've been thinking of buying in this wonderful community, give me a call - I am quite familiar with it and have several clients residing here...and they love it as well! Call or text (704) 491-3310 - I'm happy to he...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Pawsitively Matthews Dog Festival 2018 The Town of Matthews, North Carolina hosts its 5th Annual Pawsitively Matthews event to celebrate dogs Saturday, November 3rd! This highly anticipated event is all about dogs and is fun for dogs and their owners. Pawsitively Matthews will take place at Matthews' Stumptown Park at 120 S Trade Street from 10:00 am till 4:00 pm.   Pawsitively Matthews is a free event featuring more than 50 pet-friendly vendors, rescue groups with adoptable dogs, and demonstrations by the Matthews Police Department K-9 Unit of pet CPR and first aid. Fun events will feature a dare devil dogs frisbee show, a finest fido contest, adoptable dogs parade. ADOPT DON'T SHOP!  Libations at the Beer And Wine Pawvillion, food trucks, and music performances will round out the fun...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Matthews, North Carolina Housing Market Update + VideoSeptember 2018 September 2018 home sales in Matthews, North Carolina (28105 zip code) saw home sale prices continuing to increase and days on market increasing slightly. Market inventory remained tight and buyer demand continued to exceed supply. Closed sales were up slightly in September, primarily attributable to lower inventory and a decrease in new listings during the month.     Average sale price of Matthews homes increased  by 6.2% to just under $306,000 as compared with the same period one year ago. The median price of homes also increased by 5.8% versus September 2017 to $275,000. Average days on market for property listings were 35 days, up two days versus September 2017. Median days on market were 9 days in September 2018,...
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